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What Is the Future Value at the End of Year

Question 34

Multiple Choice

What is the future value at the end of year 3 of the following set of cash flows if the interest rate is 8%? What is the future value at the end of year 3 of the following set of cash flows if the interest rate is 8%? A) -$64.93 B) $366.89 C) $1,824.64 D) $2,698.13 E) $3,714.21


A) -$64.93
B) $366.89
C) $1,824.64
D) $2,698.13
E) $3,714.21

Correct Answer:

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